BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following features is/are correct in regards to new scheme PMMSY
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Loan Limit-Need based financed
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Margin is 15%
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Repayment period from 3 to 15 years including moratorium ( 6 month to 2 years)
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loan Up to 100 crore will be categorised Agriculture and above 100 core MSME
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All of the above
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Explanation:
Detailed explanation-1: -The PM Matsya Sampada Yojana includes key activities such as fishing vessel insurance, support for new/upgrade of fishing vessels, aquaculture in saline/alkaline areas, Sagar Mitras, nucleus breeding centres, fisheries and aquaculture start-ups, incubators, and integrated aqua parks.
Detailed explanation-2: -Impact of PMMSY Sustained average annual growth of around 9% in fish production. Increase in the contribution of fisheries sector GVA to the Agriculture GVA to about 9% by 2024-25 from 7.28% in 2018-19. Double export earnings to about Rs. 1, 00, 000 crore by 2024-25 from Rs.
Detailed explanation-3: -Pradhan Mantri Matsya Sampada Yojana | Department of Fisheries, MoCIT, GoI.
There is 1 question to complete.